I recently reviewed a site called BitcoinGet and today I’d like to cover a similar site called BitcoinReward. BitcoinReward is basically a reward site that only pays out via Bitcoin.
If you’re not interested in getting paid via Bitcoin, feel free to check out all of the other Extra Income Sites I Recommend.
Keep in mind that BitcoinReward is just an extra income site. If you’re looking for a huge income, this won’t be it. If you come across sites promising a considerable income with Bitcoin, be careful, it’s most likely a scam!
Let’s get started, in this review I’ll cover how to earn, how to get paid, and if BitcoinReward is a scam!
BitcoinReward Review
Site: BitcoinReward
Type: Reward Site
Verdict: Legitimate
In this BitcoinReward review, I marked them legitimate, but it’s not really anything special unless you just really want to get paid out via Bitcoin.
If you don’t care about the payout method, I highly recommend these sites. They are much better and have higher payouts.
If you’re set on getting paid via Bitcoin, BitcoinReward seems to be legitimate, but they don’t pay fast.
How To Earn At BitcoinReward
Surveys
BitcoinReward does offer surveys on their offers page. They also have a separate tab that links to surveys from other providers. Like most surveys, you’ll see what it’s about, how much it pays, and estimated time to complete the survey.
Offers
Similar to other reward sites. BitcoinReward has offers you can complete to earn. Most offers have to do with signing up for a free site or mailing list. Other offers are considered paid offers, where you have to make a purchase or put a credit card down for a free trial.
Videos
You can passively earn Bitcoin by watching videos at BitcoinReward. You’ll earn 100 Satoshi for every three videos you watch. I’d say on average the three videos will last around 5 minutes all together.
Refer Friends
BitcoinReward does have a referral program that can help you earn more. Honestly, this is probably the best part of the site, because you’ll earn 50% of all of your referrals earnings.
That means everytime your referral earns enough to cash out you’ve made enough to be halfway to the cashout amount!
How Does BitcoinReward Pay?
BitcoinReward pays via Bitcoin (Satoshi) once you earn 30,000 Satoshi (100,000,000 Satoshi = 1 Bitcoin.)
Once your account reaches 30,000 Satoshi they hold payments for three weeks to double check for fraud.
As long as you honestly earned on their site, they will automatically release your payment after the 3-week holding period.
Does BitcoinReward Pay?
As mentioned, it does take a while to get paid by BitcoinReward, but they do actually pay! Here’s proof of a few cashouts I’ve had inside my BitcoinReward account and the proof it showed up in my Bitcoin Wallet.
BitcoinReward Complaints
Slow Payments
BitcoinReward does pay, but they do not pay fast. On their site, they say that once you reach the cashout amount, they hold payments for three weeks due to the amount of fraud on their site.
That is incredibly concerning, just because since there’s so much fraud, you might get flagged at some point and might not get paid. I haven’t heard of any complaints of this, but it’s possible.
I really wish they paid quicker, but I guess as long as they pay that’s all that matters.
Small Income
You’ll be earning a small amount of points while you use the different ways to earn at BitcoinReward. When you get paid in bitcoin, it’s even less USD.
I know that the hope is that the price of Bitcoin rises once it’s in your account, but if you’re just looking to get paid for taking surveys, watching videos, etc. you can earn a lot more on other sites where you can earn PayPal payments and gift cards.
Visit the Extra Income Sites I Recommend to see the sites I use!
Is BitcoinReward A Scam?
It seems that BitcoinReward is a legitimate site, but please keep in mind that this is a small extra income site. Just because it has to do with Bitcoin does not mean a big income, it actually earns you less than doing the same thing on other reward sites.
I probably won’t be using this site, the only way I could recommend it is if you’re just set on getting paid via Bitcoin.
With that being said, you will get paid after the long 3 week waiting period.
If you’re set on BitcoinReward, you can learn more or join by visiting BitcoinReward.net.
If BitcoinReward isn’t for you, here’re some helpful links:
Do you think BitcoinReward is a scam? I’d love to hear your thoughts and experiences with this site and other Bitcoin sites in the comments below!
It is deceptive advertising because you cannot actually enter the amount of coin you want to buy. You have to select from a provided amount. It starts at $5 then goes up to $20. If you purchase two $5 coin, then you do not qualify for the reward.
Unfortunately, that’s how most “reward” sites are. They have gift cards in certain amounts and you can only cash out in those increments.
As someone that goes through all the sites I use to cash out once a month, I can’t tell you how many times I’m a few cents away from earning the $20 gift card and have to settle for $5 because that’s the only other option.
The only way to avoid this is to use a site that pays via PayPal and lets you cash out any amount over $5. You can see a list of PayPal sites here.
Brok
Great idea!
Thanks for reading Chrissy!
Hi Brok, great article! I was looking into getting a PC setup to mine for bitcoin but probably couldn’t afford the electricity to keep it running. I believe bitcoin is the future. I have not looked at bitcoin rewards until I read your review. This is another great way albeit slow way to get some bitcoins especially as the prices just keep skyrocketing. Thanks for the review.
Thanks for reading my review Russ. Yeah I don’t have any experience with mining so it’s not something I’m going to recommend, but sites like Bitcoin reward I have experience with so I’m comfortable recommending it as a free way to earn some Bitcoin.
Thanks again for reading!
Brok